KC Southern Gets Positive Analyst Ratings

While most companies across the metro area are facing tough times, there is some bright news for railroad company Kansas City Southern. The firm apparently has a 13.1-percent upside in income, according to analyst ratings, with 18 analysts considering the… more

April Commercial Real Estate Price Index Falls

A price index for commercial real estate fell by 9.4 percent in April and is down by 10.4 percent below its peak from last year. Investment and research firm Green Street Advisors said that retail and hotel assets are doing… more

Sealy Buys Nine-Building KC Industrial Portfolio

Sealy & Company, a Dallas-based commercial real estate firm, has purchased nine industrial buildings in Kansas City totaling just under 560,000 square feet. One of them is in Executive Park, in the industrial area of the Northeast neighborhood and is… more

U.S. Trade Deficit Grows Nearly 12%

The U.S. trade deficit increased 11.6 percent in March, bringing it up to $44.4 billion, a $4.6-billion rise from February. Meanwhile, the year-over-year increase in the trade deficit for the period was up 17.8 percent. The March deficit was reportedly… more

Shawnee Industrial Park Gets $50M Bond Approval

The City of Shawnee recently approved a $50-million bond issuance for the construction of Heartland Industrial Park, which is set to be underway this year. The 186-acre development, to eventually total two million square feet would reportedly bring 1,500 jobs… more

March Traffic at KCI Cut in Half

Year-over-year passenger traffic in March was down 52.8 percent, according to the KC Aviation Department, as 480,690 passengers arrived and departed from the facility during the month. Passenger boardings dropped 55.2 percent, to 227,860, while year-to-date boardings fell 21.4 percent.… more

StorageMart Buys Go Storage in Downtown KC

StorageMart, based in Columbia, Mo., added more than 310 climate-controlled storage units to its portfolio with the purchase of Go Storage in Downtown Kansas City, which totals 21,720 square feet. Recently renovated with a new elevator was installed, the facility… more

KC Southern Posts Record Q1 Revenues

Kansas City Southern had some good news during COVID-19 times. The railroad transportation-holding company reported record revenues of $731.7 million, up eight percent year over year. The gains were led by and 18 percent increase in chemical and petroleum shipments,… more

KC’s Industrial Vacancy Stays Low

The industrial commercial real estate sector was still on track during the first quarter, according to a recent CBRE report.  Vacancy rates were at 4.6 percent, the same as they were during the previous quarter, says the commercial real estate… more

CDC Issues Worker Guidance for COVID-19 Exposure

The CDC has issued guidance for critical infrastructure employees who might have been exposed to someone with COVID-19 to return to work. Critical-infrastructure employees are considered those who work in 16 different sectors, including those in law enforcement, janitorial staff,… more